Analogic beats Wall St. view for Q3 by a dime

MichaelBaron

Analogic Corp.
ALOG, +0.00%
is up more than 4 percent to $54.47 in midday action. Earlier in the session, the stock reached a 52-week high of $55.82. Before the opening bell, the Peabody, Mass., maker of medical diagnostic and security equipment reported third-quarter earnings of $6.4 million, or 48 cents per share, up from its year-ago profit of $2.7 million, or 21 cents per share. Two analysts polled by Thomson First Call were looking for earnings of 38 cents per share in the latest period, on average. Revenue surged more than 38 percent in the latest three months to $100.3 million from $72.9 million in the same period a year earlier.

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